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Non-linear models Driving the next phase of growth for the Indian IT Industry kpmg.com/in Foreword The Indian IT industry has entered the post-adolescent stage now. Since its birth in late 70s and.

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Revenue in the IT Services market is projected to reach US$18.85bn in 2023. The market's largest segment is IT Outsourcing with a projected market volume of US$7.81bn in 2023. Revenue is expected to show an annual growth rate (CAGR 2023-2027) of 11.02%, resulting in a market volume of US$28.64bn by 2027.

ing to a report released by industry body Nasscom and global consulting firm McKinsey, India's technology services industry has the potential to generate $300-350 billion in annual revenue by 2025 if it can capitalize on rapidly emerging business opportunities in cloud, artificial intelligence (AI), cybersecurity ...

Although you are likely somewhat familiar with exponential growth, any growth that causes the output Y to be larger than the input X, is known as non-linear growth. In general, the outputs of human activity grow in a non-linear fashion.

The global IT professional services market size was valued at USD 821.58 billion in 2022 and is expected to expand at a compound annual growth rate (CAGR) of 9.1% from 2023 to 2030.

Non-linearity basically means decoupling revenue growth of a company from headcounts. It also means that a company achieves non-linearity when it increases its revenue and operating income by a higher rate than the rate of growth in manpower addition.

Indian technology sector growth is set to slow down to 8.4% to $245 billion in FY23, Nasscom said on Wednesday. The industry had grown at 15.5% -- its best in a decade -- to $226 billion in FY22 as the changes brought about by the Covid pandemic made technology spends a necessity for clients.

The contribution of the IT sector in India's GDP rose from 1.2% in 1998 to 10% in 2019. Exports dominate the Indian IT industry and constitute about 79% of the industry's total revenue. However, the domestic market is also significant, with robust revenue growth.

India is expected to see a significant increase in the adoption of digital technologies, such as cloud computing, data analytics, and artificial intelligence (AI), in the coming years. These technologies are transforming the way businesses operate and are enabling organizations to become more agile and efficient.

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© Copyright 1997-2025
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Form Packages
Adoption
Bankruptcy
Contractors
Divorce
Home Sales
Employment
Identity Theft
Incorporation
Landlord Tenant
Living Trust
Name Change
Personal Planning
Small Business
Wills & Estates
Packages A-Z
Form Categories
Affidavits
Bankruptcy
Bill of Sale
Corporate - LLC
Divorce
Employment
Identity Theft
Internet Technology
Landlord Tenant
Living Wills
Name Change
Power of Attorney
Real Estate
Small Estates
Wills
All Forms
Forms A-Z
Form Library
Customer Service
Terms of Service
DMCA Policy
About Us
Blog
Affiliates
Contact Us
Privacy Notice
Delete My Account
Site Map
All Forms
Search all Forms
Industries
Forms in Spanish
Localized Forms
Legal Guides
Real Estate Handbook
All Guides
Prepared for You
Notarize
Incorporation services
Our Customers
For Consumers
For Small Business
For Attorneys
Our Sites
US Legal Forms
USLegal
FormsPass
pdfFiller
signNow
airSlate workflows
DocHub
Instapage
Social Media
Call us now toll free:
1-877-389-0141
As seen in:
  • USA Today logo picture
  • CBC News logo picture
  • LA Times logo picture
  • The Washington Post logo picture
  • AP logo picture
  • Forbes logo picture
© Copyright 1997-2025
airSlate Legal Forms, Inc.
3720 Flowood Dr, Flowood, Mississippi 39232